Race & Ethnicity
Age Breakdown
Key Indicators
| Median Age | 38.0 yrs |
|---|---|
| Avg HH Size | 2.98 |
| College Grads | 48.7% ▲ 26% above avg |
| Unemployment | 7.6% ▲ 56% above avg |
| HS Graduate | 76 (17%) |
| Some College | 40 (8.9%) |
| Associates | 114 (25.4%) |
| Bachelors | 81 (18.1%) |
| Graduate Degree | 137 (30.6%) |
Education
Housing Tenure
Home Value Distribution
Financials
| Median HH Income | $112,396 ▲ 47% above avg |
|---|---|
| Median Home Value | $189,600 ▼ 32% below avg |
| Home/Income Ratio | 1.7x (nat avg ~3.5x) |
| Total Housing Units | 225 |
Income Distribution
How People Get to Work
Commute Time
Year Built
Lamar is a city in Indiana, located in Spencer County. The city spans 1 ZIP code and is home to approximately 670 residents. It is a middle-aged city, with a median age of 38 years.
Economically, Lamar is a upper-middle-income community. The median household income of $112,396 is above the national average. The unemployment rate is 7.6%, significantly above the national average.
The real estate market in Lamar is an affordable housing market. Median home values stand at $189,600, which is below the national average. Homeownership is high at 95.6%, typical of suburban and family-oriented communities.
The population of Lamar is well-educated. 48.7% of adults hold a bachelor's degree or higher — above the national average. The community is primarily White (93.88%).
Lamar, IN offers residents above-average earning potential within Indiana.
| ZIP | Population | Median Income | Median Home | Median Rent | Unemp. | College | Owner Occ. |
|---|---|---|---|---|---|---|---|
| 47550 | 670 | $112,396 | $189,600 | — | 7.6% | 48.7% | 95.6% |